Privacy Statement

Privacy Statement

This privacy notice discloses the privacy practices for Bingo Reverse Mortgage. This privacy notice applies solely to information collected by this web site. It will notify you of the following:

  • What personally identifiable information is collected from you through the web site, how it is used and with whom it may be shared.
  • What choices are available to you regarding the use of your data.
  • The security procedures in place to protect the misuse of your information.
  • How you can correct any inaccuracies in the information.

Information Collection, Use, and Sharing

Bingo Reverse Mortgage is the sole owner of the information collected on this site. Bingo Reverse Mortgage only has access to/collect information that you voluntarily provide via hey@bingorm.com or other direct contact from you. Bingo Reverse Mortgage will not sell or rent this information to anyone.

Bingo Reverse Mortgage will only use your information to respond to you, regarding the information in your direct request. Your information will not be shared with any third party outside of this organization, other than as necessary to fulfill your request, e.g. to ship an order.

Unless you ask Bingo Reverse Mortgage not to, you may be contacted via hey@bingorm.com in the future to be informed about specials, new products or services, or changes to this privacy policy.

Your Access to and Control Over Information

You may opt out of any future contacts from Bingo Reverse Mortgage at any time by using the hey@bingorm.com address or phone number given on this website:

  • See what data has been collected about you, if any.
  • Change/correct any data collected about you.
  • Have Bingo Reverse Mortgage delete any data stored about you.
  • Express any concern you have about use of your data.

Security

Bingo Reverse Mortgage takes precautions to protect your information. When you submit sensitive information via the website, your information is protected both online and offline.

Wherever Bingo Reverse Mortgage collects sensitive information (such as credit card data), that information is encrypted and transmitted in a secure way. You can verify this by looking for a closed lock icon at the bottom of your web browser, or looking for “https” at the beginning of the address of the web page.

While Bingo Reverse Mortgage uses encryption to protect sensitive information transmitted online, your information is also protected offline. Only employees who need the information to perform a specific job (for example, billing or customer service) are granted access to personally identifiable information. The computers/servers in which personally identifiable information are stored is in a secure environment.

If you feel that this privacy policy is not being adhered to, you should contact Bingo Reverse Mortgage via telephone at 720.541.5545 or hey@bingorm.com.

CONTACT INFO

LICENSING

Company NMLS ID: 2268418
Mortgage Loan Originator NMLS ID: 2216012

Equal Housing Opportunity

If you qualify and your loan is approved, a HECM loan must pay off your existing mortgage(s). With a HECM, no monthly mortgage payment is required. Borrowers are responsible for paying property taxes and homeowner’s insurance (which may be substantial). We do not establish an escrow account for disbursements of these payments. Borrowers must also occupy home as primary residence and pay for ongoing maintenance; otherwise the loan becomes due and payable. The loan must be paid off when the last borrower, or eligible nonborrowing surviving spouse, dies, sells the home, permanently moves out, or does not comply with the loan terms. A HECM increases the principal mortgage loan amount and decreases home equity (it is a negative amortization loan). These materials are not from HUD or FHA and were not approved by HUD or a government agency.